Nordstrom Executive Compensation (FY23)
JWN · Executive and director compensation, fiscal 2022 to 2023
The paid brief on Nordstrom
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 12, 2026Latest filing (8-K): May 28, 2024
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
164 figures on this page: 157 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
More on Nordstrom
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Erik Nordstrom: $3,470,982 → $4,540,362 (30.8% higher)
Say-on-pay support: 92.2% → 96.8% (4.6 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Nordstrom's chief executive and what were they paid?
Total compensation for Erik Nordstrom, Chief Executive Officer, came to $4,540,362 in fiscal 2023. Nordstrom's total was 30.8% higher than the $3,470,982 reported for fiscal 2022.
What was Nordstrom's say-on-pay result?
For fiscal 2024, shareholders backed the say-on-pay proposal with 96.8% of votes cast for or against in favor at the meeting held May 22, 2024.
Which companies are in Nordstrom's peer group?
The disclosed peer group includes American Eagle Outfitters, Inc., Burlington Stores, Inc., Capri Holdings Limited, Foot Locker, Inc. and Ralph Lauren Corporation, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Peter Nordstrom President & Chief Brand Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Erik Nordstrom Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Kenneth Worzel Chief Customer Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Michael Maher Former Interim Chief Financial Officer and Chief Accounting Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Cathy Smith Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jason Morris Chief Technology and Information Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Erik Nordstrom Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Peter Nordstrom President & Chief Brand Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Kenneth Worzel Chief Customer Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Michael Maher Former Interim Chief Financial Officer and Chief Accounting Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Erik Nordstrom | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 3/9/2030 | |
| Option | ◇ | — | ◇ | 3/4/2031 | |
| Option | ◇ | — | ◇ | 3/3/2032 | |
| Option | ◇ | — | ◇ | 3/6/2033 | |
| PSU | ◇ | ◇ | — | — | |
| Cathy Smith | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Kenneth Worzel | Option | ◇ | — | ◇ | 3/4/2031 |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/3/2032 | |
| Option | ◇ | — | ◇ | 3/6/2033 | |
| Jason Morris | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Bradley D. Tilden Board chair | ◇ | ◇ | — | — | — | ◇ | ◇ |
Atticus N. Tysen | ◇ | ◇ | — | — | — | ◇ | ◇ |
Glenda G. McNeal | ◇ | ◇ | — | — | — | ◇ | ◇ |
Amie Thuener O'Toole | ◇ | ◇ | — | — | — | ◇ | ◇ |
James L. Donald | ◇ | ◇ | — | — | — | ◇ | ◇ |
Stacy Brown-Philpot | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kirsten A. Green | ◇ | ◇ | — | — | — | ◇ | ◇ |
Eric D. Sprunk | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mark J. Tritton | ◇ | ◇ | — | — | — | ◇ | ◇ |
Guy B. Persaud | ◇ | ◇ | — | — | — | — | ◇ |
Peter E. Nordstrom and Erik B. Nordstrom served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Common Stock.
Stock ownership guideline: $450,000 by fifth anniversary of joining the Board
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- American Eagle Outfitters, Inc. AEO
- Burlington Stores, Inc. BURL
- Capri Holdings Limited CPRI
- Foot Locker, Inc. FL
- Ralph Lauren Corporation RL
- Ross Stores, Inc. ROST
- Tapestry, Inc. TPR
- The Gap, Inc. GAP
- The TJX Companies, Inc. TJX
- Ulta Beauty, Inc. ULTA
- V.F. Corporation VFC
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | May 22, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | June 6, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | May 19, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | May 20, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | May 23, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | May 29, 2018 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Nordstrom disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Nordstrom sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
164 figures on this page: 157 cited to the filing that reported them, 7 calculated from figures it prints.
157 cited to the filing
7 calculated from the filing
Documents cited
- 0000072333-24-000053
- 0000072333-24-000046Director Compensation · Non-Employee Director Summary Compensation Table · Outstanding Equity Awards at Fiscal Year End 2023 · Summary Compensation Table
- 0000072333-23-000103
- 0001213900-23-033898Summary Compensation Table
- 0000072333-22-000124
- 0000072333-21-000156
- 0000072333-20-000110
- 0000072333-19-000104
- 0000072333-18-000091
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Nordstrom executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/JWN (accessed 2026).
Short form: data: Velarion
The paid brief for Nordstrom
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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Peers Nordstrom discloses
The companies named in JWN's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}